Frequency Asked Questions
(FAQs)
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If you are looking for answers to general questions, please review this list of frequently asked questions. If you have a more specific question, feel free to email us!
What is Guanavista?
Guanavista is a 76-acre luxury oceanfront community located in Playa Ostional, Costa Rica. We will be creating an eco-conscious community with mixed-use condominium permits that will allow us to create smaller-sized lots preserving more green space. Moreover, we will have an HOA that will provide community guidelines and security for residents. Site attractions such as hiking trails, yoga shalas and a private clubhouse are only a few of the amenities to come.
Why should we invest in Costa Rica?
Not only is your investment safe, it is also one of the best returns available based on the last ten years of economic growth in this particular area. Land titles are issued for all properties and the national registry must reflect clean ownership. Lawyers are used alongside the process making it a seamless, safe and legal process.
Is a realtor needed to purchase property?
A realtor is not needed, however we do have an in-house sales representative that is licensed in Costa Rica.
What’s the cost of property taxes in Costa Rica?
0.25% of the registered land value.
Can I only buy a lot and wait to build?
Yes and No. Buyers will enter a construction agreement with 2 years to start construction once land titles are transferred with a maximum of 3 years for the completion of construction.
When can I start building my home?
Once land titles have been transferred, approximately in August of 2024.
Can I bring in my own architect and builder?
Our in-house architects are LOOP Design Studio, however an external architect is welcome with approval from our design committee. We will have in-house builders to choose from, this to be able to maintain the same quality throughout the community.
Is water available on the property?
Yes, the property has a well that can supply the entire project.
Can I rent out my house?
Yes, through our in-house property management.
Will the project be gated?
All 3 entrances will have security guards, surveillance, and checkpoints.
What type of waste management system will be used?
All homes will be required to install Bionest systems based on the size of the house and the total maximum number of occupants.
What's the projected timeline for the completion of the development?
Our goal for completion is 2028.
Who is involved with the development?
Sphera Sostenible, LOOP Architectural Design, VIDA Masterplanning, Sofía Interiorismo, Sfera Legal, WQG Engineering, Ernst & Young (EY) and BAC Credomatic.
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